Quick facts: Chandler, OK

Quick Facts

90.9
Cost of Living
below US average
2,895
Population
22.8
Crime Rate per 1000
below US average
$48,168
Median Income
below US average
$235,000
Median House Price
above US average
$1767.5
Average Rent
above US average
13%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $48,168.

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Income Needed to Buy

βœ— Stretch
$74k/year
Based on $235,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $74k vs median $48,168
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Income Needed to Rent

⚠ Stretch
$76k/year
Based on $1767.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $76k vs median $48,168
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Chandler, OK

Chandler, Oklahoma, is a small city located in the heart of Lincoln County. It serves as the county seat and is known for its rich history and strong community spirit. Established in the early 1900s, Chandler offers a blend of small-town charm and modern conveniences. The city is surrounded by beautiful landscapes and opportunities for outdoor activities, including fishing and hiking in the nearby lakes and parks. Chandler hosts various events throughout the year, fostering a sense of community, including festivals and local markets. Culturally, Chandler features several historical sites, such as the Lincoln County Courthouse and the historic downtown area, which showcases local shops and eateries. The economy is primarily driven by agriculture and small businesses. Educationally, Chandler is served by the Chandler Public Schools, which focus on providing quality education to its students. Overall, Chandler, OK, is a picturesque and welcoming location with a close-knit community, making it an appealing place for both residents and visitors alike.

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